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#16 |
Connoisseur
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Karma: 432
Join Date: Nov 2010
Location: Canada
Device: Kobo (original)
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All this whining over five cents? Believe me, if I could buy a Nook or a Kindle and get a decent number of books without having to deal with geographical restrictions, I'd gladly pay an extra five cents per book. Heck, I'd probably be willing to pay an extra buck more, if it meant my e-reader wasn't hobbled by stupid e-copyright issues.
Let's try to keep things in perspective here. |
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#17 | |
Groupie
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Karma: 203167
Join Date: Apr 2011
Device: Sony Reader Prs 950, iPad
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Quote:
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#18 |
Wizard
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Karma: 2607151
Join Date: Nov 2009
Location: Toronto
Device: Kobo Aura HD, Kindle Paperwhite, Asus ZenPad 3, Kobo Glo
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This was beaten to death a year ago here: https://www.mobileread.com/forums/sho...80&postcount=1
As the second post in this thread pointed out, it is your credit card company adding the charge, not Kobo. Kobo is not misleading anyone: this is the agreement you signed between you and Visa. |
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#19 |
Groupie
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Karma: 203167
Join Date: Apr 2011
Device: Sony Reader Prs 950, iPad
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Looks like the fact mentioned in the earlier post about Borders being Kobo's US presence no longer applies.
http://www.teleread.com/paul-biba/bo...ders-directly/ Borders stops fulfilling ebook orders directly " Borders has stopped doing ebooks, kind of. They always used Kobo to power their ebook store, but now they’ve cut themselves out of things and ebook purchases are directly through Kobo. " Well, that's too bad. I don't know who in the US would want to subject themselves to the international service fee for doing transaction with Kobo. Amazon, Barnes and Noble, or even Sony, ftw! |
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#20 |
Treasure Seeker
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Karma: 26026435
Join Date: Mar 2010
Device: Kobo HD Glo, Kindles, Kindle Fires, Andriod Devices
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I just buy a gift card to cut down on all the fees. I get charge 2% on all foreign transactions. So it's just cheaper for me to just buy a gift card then to do individual purchases with my credit card.
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#21 |
Kate
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Karma: 3605799
Join Date: Mar 2009
Location: Oregon, United States
Device: MeeBook, Kobo Libra Colour
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Get a Capital One credit card. Capital One does not charge the foreign exchange fee.
Problem solved. |
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#22 |
Groupie
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Karma: 25803
Join Date: Dec 2010
Device: kobo touch :)
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I've never been charged by Mastercard for buying stuff from the states.
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#23 |
Trying for calm & polite
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Karma: 9455193
Join Date: May 2010
Location: Mostly in Canada
Device: kobo original, WiFI, Touch, Glo, and Aura
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Folks might want to look at this to see what the various US banks charge for foreign transactions. Seems greedy to me, but then again, we're talking US banks.
http://www.flyerguide.com/wiki/index...reign_Exchange |
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#24 | |
Fanatic
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Karma: 613022
Join Date: Aug 2010
Location: New Zealand
Device: kobo glo, kobo touch (dead), kindle touch, android phone
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Quote:
Here's a link for anyone interested. http://www.monstersandcritics.com/ne...edit_card_fees M_Bisson, could your fees be included in the exchange rate? |
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#25 |
Kobo Product Guy
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Karma: 36848
Join Date: Aug 2009
Location: Toronto
Device: Kobo Vox
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We're working on putting an end to this issue for once and for all - we have all the paper work done and are just working on the technical change so US banks won't charge Kobo customers a fee.
We expect to be live with this fix in two weeks. Bear with us! |
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#26 |
Treasure Seeker
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Karma: 26026435
Join Date: Mar 2010
Device: Kobo HD Glo, Kindles, Kindle Fires, Andriod Devices
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Oh this is great news!
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#27 | |
Kate
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Karma: 3605799
Join Date: Mar 2009
Location: Oregon, United States
Device: MeeBook, Kobo Libra Colour
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Quote:
US banks are required to itemize it now, which is why the OP noticed it. Visa and Mastercard each charge a 1% conversion rate, many banks add 2-3% on top of that. Capital One eats the 1% on foreign exchanges - they don't charge a conversion fee at all. I'm not affiliated with Capital One in any way, but I do have one of their cards for that very reason. It's great for traveling internationally. |
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#28 |
Trying for calm & polite
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 4,012
Karma: 9455193
Join Date: May 2010
Location: Mostly in Canada
Device: kobo original, WiFI, Touch, Glo, and Aura
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Kobo sells in CAD in Canada and USD in the US. I don't know that it is actually a currency conversion fee--in any case, this particular transaction fee will be gone in a few weeks.
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#29 |
Wizard
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Karma: 3724797
Join Date: Jan 2010
Location: California
Device: KPW, KF, KF HD, iPod Touch
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#30 |
Groupie
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Posts: 170
Karma: 25803
Join Date: Dec 2010
Device: kobo touch :)
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1% is a lot... it may very well be hidden. I'll work out the math myself next time I buy something.
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